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re: O&G Sector Guys/Baws/Dolls: Domestic Production. Do We HAVE To Import Right Now?

Posted on 1/9/19 at 12:51 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 1/9/19 at 12:51 pm to
quote:

Why wouldn't we be retrofitting existing refineries to handle our own oil rather than someone else's?


They are, somewhat. But it still has to make financial sense.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65974 posts
Posted on 1/9/19 at 12:57 pm to

Just seems like in any long term or extrapolated equation, investment today would be the smartest investment. Is this some sort of foreshadowing for gasoline combustible engines? Is that what Big Oil is thinking?
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